EXCLUSIVE: Uganda’s Biggest Banks By Loans Advanced To Customers Named

Who are Uganda’s biggest
lenders? This is exactly what you’re going to find in this article. According
to 2018 commercial banks’ figures exclusively analysed by Business Focus,the
24 operating commercial banks in Uganda advanced Shs13.31 trillion in loans to
customers, up from Shs11.89 trillion in 2017.

This represents a growth
of 299.73%.

Like in most key
performance parameters, Stanbic that is headed by Patrick Mweheire as Managing
Director/Chief Executive Officer also leads in loans advanced to customers. The
bank lent out Shs2.5 trillion in 2018, up from Shs2.13 trillion. This
represents a growth of 17.37%. It has 18.78% market share of the total industry
loans.

In 2nd place is
Centenary that is headed by Fabian Kasi as Managing Director.

The bank saw its loans
increase by 15.04% to Shs1.53 trillion in 2018, up from Shs1.33 trillion
recorded a year earlier.

Its market share under
this category stands at 11.49%.

dfcu Bank comes third. Its
loans advanced to customers grew by 4.51% to Shs1.39 trillion from Shs1.33
trillion. The bank is headed by Mathias Katamba as Managing Director.

Standard Chartered is in 4th place having seen its loans increase by 7.38% to Shs1.31 trillion in 2018, up from Shs1.22 trillion. Standard Chartered is headed by Albert Saltson as Managing Director.